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$430,000

511 S Greenville Ave, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,932 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.57 / sqft
Year BuiltBuilt in 1918

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size11,556 sqft

Building Information

Year Built1918
Stories1
Roof Type105
Garage Spaces4

Land Information

APN42430950000550000
SubdivisionOrig Town Richardson Sht
Land UseResidential
Legal DescriptionORIG TOWN RICHARDSON SHT 5 TR 55 ACS 0.2653 INT202300246583 DD11152023 CO-DC 4309500005500 3CR43095000
Census Tract019102
Assessed Land Value$147,340
Assessed Improvement Value$252,680
Assessment Year2025

About this property

Great location! Bring your design ideas to this one of a kind property in the heart of bike-friendly Richardson. Take time to appreciate the unique design and woodworking details that the owner painstakingly added. When you walk into the living room, be sure to look up to see the beautiful skylight enclosure. The main house has 3 bedrooms, 2 full baths, 2 living areas, and a separate dining area. The primary bedroom is downstairs. Upstairs are two additional bedrooms, a large bathroom, and small hidden room off the bathroom. Above the garage there is a one bedroom apartment with living area, kitchen, bedroom, and three-quarter bath. The garage will accommodate two vehicles with added space for a workshop. There is also space behind the garage for an additional workshop or storage. Close proximity to Hwy 75 and two DART stations make this the ideal location, with direct access to entertainment, shopping, city services, restaurants, and much more.

Investor Tools

Property Icon
$424,000
Estimated Property Value
$0Estimated Mortgage Balance
$424,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$852/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,108
$400,020
2025
$147,340
$252,680
$400,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,108
$400,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$424,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
N/A
+$2,310/mo
6.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richardson

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511 S Greenville Ave | Property Details | No Agent List